Sam Bankman-Fried’s mother and brother are not cooperating with the FTX legal team’s investigations into the Bahamans-based exchange’s bankruptcy and misappropriation of customer funds, Wednesday’s court filing claimed.



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Fast facts




FTX attorneys have requested authorization to issue subpoenas to former top FTX executives and advisors, which include the founder’s brother, mother and father. FTX lawyers claimed that Bankman-Fried’s family members may hold critical information to the recovery of funds. 



Bankman-Fried’s mother and political advisor, Barbara Fried, has allegedly “ignored the requests altogether.” His brother and political advisor, Gabriel Bankman-Fried also hasn’t responded to FTX lawyers.  



Gabriel Bankman-Fried has purchased a multimillion-dollar property using misappropriated customer funds, the filings alleged. 



The filing further alleged that Gabriel Bankman-Fried’s lobbying organization, Guarding Against Pandemics, seeked to influence legislation, endorse political candidates and “coordinated closely with his brother on political donations.”



According to the filings, Joseph Bankman, Bankman-Fried’s father and close advisor, stated that he and his wife “resided in a US$16.4 million house titled in their names, despite understanding that the house was intended to be the company’s property,” in their visits to the Bahamas.



Bankman and former FTX chief operating officer Zhe (Constance) Wang are expected to “agree to produce responsive documents.”



FTX co-founder Zixiao (Gary) Wang and former chief of Alameda Research Caroline Ellison declined to provide the requested information, while FTX co-founder Nishad Singh hasn’t responded, the filings said.




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